40 Waiora Road

Rosanna VIC 3084

Whether continuing its current medical/consulting use, transforming into a stunning family home or exploring redevelopment potential (STCA) for a dual-occupancy or new-build project, this is a rare and rewarding prospect in a thriving locale for investors, developers and owner-occupiers alike.

Retaining its Art Deco elegance featuring etched glass windows, decorative ceilings and timber detailing throughout, a central hallway introduces a series of four well-proportioned rooms, each suited to consulting spaces or future accommodation, complemented by a reception area at the rear with direct access to the garage and parking zone.

Ducted heating, evaporative cooling and a security alarm system enhance comfort and functionality, while a kitchenette, a main bathroom with shower and toilet, a separate additional toilet and ample storage space support an array of future possibilities.

With dual street access from Invermay Grove and an expansive paved parking area, the property is leased until 18th December, 2025 and presents an outstanding investment opportunity generating $41,454.55 per annum (+GST) or $3,800 per month (inclusive of GST).

With easy accessibility, this extraordinary opportunity offers unsurpassed scope to capitalise in a premier position just a short distance to the Rosanna Village and train station, buses, major arterial routes, the Burgundy Street and Austin Hospital precinct, LaTrobe University and schools.